You, Family, Business

To Help You Look at Yourself, Your Family, and Your Business as One Entity…To Save Money and Build More Wealth

As a business owner and executive you have very special options and needs, unlike the executives in larger companies.

In many situations, it’s important, if not critical, to view yourself, family, and business asone entity. This is particularly important when determining your compensation…setting aside more money for retirement…owning personally your company’s equipment and facilities…hiring family members…planning for business continuity…raising capital…and valuing and selling the business.

The reports in this category include topics to help you accomplish the following:

cash in on your years of hard work,

save money and build more wealth, and

protect what you and your family have accumulated.

Based on our 30-plus years experience as a publisher and our investment banking activities, there are many actual Case Studies in our reports and manuals. All are real-life examples of how other business owners solved problems, valued and sold their businesses, took advantage of opportunities, met big challenges, and protected themselves and families when transacting with their company.

To better address your specific needs, we have included in the resources listed below our Personal Finance Reports.

Good luck in your business and much happiness and success to you and your family.

Tom Martin, Publisher and PresidentYourBusinessLibrary.com

All products in YourBusinessLibrary.com are updated continually to reflect recent tax legislation, and all annual indices and limits published by the IRS and other organizations.

Includes ways to increase your retirement income, how to prepare a Retirement Cash Flow Model and make up deficits to meet your retirement needs, with tools to project how much you will have based on additional contributions, savings rate, and how long that money will last.

Guidelines for setting compensation to help you determine, increase, and justify your annual salary, and that of your executives, spouse and other family members. Includes 12 compensation criteria, cautions, loans, and other issues.

There are many times in which part of the ownership of a business is sold, transferred, or given away. Done incorrectly, it can put you and the entire company at risk. This Report covers the many pitfalls and provides a sample Investment Letter from the buyer/recipient.

Purchasing all or part of another business demands careful analysis. This Report provides a detailed acquisition guideline, and a Case Study to illustrate what kinds of things can go wrong and the consequences when they do.

How to avoid misuse of a company’s proprietary information by potential buyers, lenders, investors, executives and employees, consultants, advisers, salespeople, agents and reps, and competitors. Includes a sample Confidentiality and Nondisclosure Agreement.

How to avoid the severe tax implications of loans from your company that the IRS views as taxable compensation or a dividend. Applies to owners, partners, board members, employees, family members, and affiliated businesses.

How to use debt, common stock, preferred stock, and convertible securities to get needed capital for equipment purchases, working capital, debt repayment, and expansion. Includes Case Studies on each financing method and sources of capital.

What to know and how to design a will that saves your heirs taxes and distributes assets according to your intentions. Includes codicils, family transactions, IRS alerts and cautions, distribution options, trusts, estate planning, and a Family Information Roadmap.

A comprehensive checklist to audit all of your personal and business insurance coverage, including an inventory of policies/coverage, identifying gaps, selecting settlement options, and 17 ways to reduce and effectively use premium outlays.

The rules, restrictions, and options on the increasingly complex management task of home ownership. Includes analysis of mortgage financings, home equity loans, second and vacation homes, property insurance, and business use of a home.

How to design a retirement plan that considers all legal and tax options, with planning options, retirement income model, contribution options and limits, use of IRAs/Roth IRA, and compliance and recordkeeping. Includes 27 facts and alerts to use today.

To help you establish the value of a family business for your family, heirs, successors, or the IRS. Includes a Case Study, review of goodwill, use of discounts, and 8 valuation methods with a final weighted value.

Our Idea of the Month are brief articles designed to help you save money, protect your assets, make more-informed decisions, and increase your personal and business wealth.

The Ideas of the Month are principally written by Thomas J. Martin, publisher and president, author, lecturer, consultant, investment banker, college professor, and founder of our publishing company in 1977. For 39 years, Tom has helped hundreds of businesses and individuals on many of the topics covered on this website. The Case Studies are actual, real-life examples of how businesses and individuals solved problems, took advantage of opportunities, and met big challenges. For subjects covered, please see Solutions (15 Critical Subject Areas) in the Menu Bar at the left side of this page. Enjoy and we look forward to reading your comments